Micron Technology, Inc. – Consensus ‘buy’ rating and -.1% Downside Potential

Broker Ratings
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Micron Technology, Inc. with ticker code (MU) now have 29 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $210.82 and $91.83 calculating the average target price we see $127.33. Given that the stocks previous close was at $127.51 this is indicating there is a potential downside of -.1%. Also worth taking note is the 50 day moving average now sits at $99.42 and the 200 day MA is $79.28. The total market capitalization for the company now stands at 135.67B. The current stock price for Microsoft Corporation is currently $122.52 USD

The potential market cap would be $135,483,443,999 based on the market consensus.

The company has a dividend yield of 2.05%. Other points of data to note are a P/E ratio of -, revenue per share of $16.67 and a -3.77% return on assets.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company’s product portfolio includes dynamic random-access memory (DRAM), negative-AND (NAND), three-dimensional (3D) XPoint memory, and NOR, solid-state drives, graphics and high bandwidth memory (HBM), managed NAND and multichip packages. Its brands include Micron and Crucial. The Company’s segments include Compute and Networking Business Unit (CNBU) includes memory products sold into client, cloud server, enterprise, graphics, and networking markets; Mobile Business Unit (MBU) includes memory and storage products sold into smartphone and other mobile-device markets; Storage Business Unit (SBU) includes solid state drives (SSDs) and component-level solutions sold into enterprise and cloud, client, and consumer storage markets and other discrete storage products; Embedded Business Unit (EBU) includes memory and storage products sold into automotive, industrial, and consumer markets.

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